LAWIL vs RRR vs CZR Stock Comparison

Light & Wonder, Red Rock Resorts and Caesars Entertainment Prices as of Aug 19, 2026 Peers: Industry group
LAWIL Light & Wonder, Inc.
$92.45 +10.1% 1M
Market cap
$7.12B
P/E
26.4x
Revenue (TTM)
$3.33B
Div. yield
–
Casinos Consumer Discretionary
5 wins
RRR Red Rock Resorts, Inc.
$48.66 -4.7% 1M -10.0% 1Y
Market cap
$2.77B
P/E
16.4x
Revenue (TTM)
$2.00B
Div. yield
0.06%
Casinos Consumer Discretionary
4 wins

Head to Head

11 decided of 12

Light & Wonder leads on 5 of the 12 questions below (Light & Wonder 5, Red Rock Resorts 4, Caesars Entertainment 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLAWILRRRCZRLeader
Larger companyMarket capitalisation $7.12B $2.77B $5.94B LAWIL
Cheaper on earningsLower P/E, profitable companies only 26.4x 16.4x -11.1x RRR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.5x 18.9x — LAWIL
Faster revenue growthRevenue growth, trailing twelve months +3.4% +0.9% +3.1% LAWIL
More profitableNet margin, trailing twelve months 8.7% 8.4% -4.5% LAWIL
Better return on capitalReturn on invested capital 9.6% 12.7% 11.4% RRR
Less leveragedLower net debt / EBITDA 4.3x 4.4x 3.3x CZR
Higher dividend yieldTrailing dividend yield — 0.06% 0.00% –
Better 1-year returnPrice return, last 12 months — -10.0% +46.7% CZR
Better 5-year returnAnnualised price return, 5 years — -0.5%/yr -22.7%/yr RRR
Less volatileAnnualised volatility, 1 year — 33.6% 39.7% RRR
Higher overall scoreMean of the five percentile scores vs peers 67/100 51/100 48/100 LAWIL

Percentile Scorecard

LAWILRRRCZR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLAWILRRRCZR
Valuation 55 #21 of 45 32 #31 of 45 93 #4 of 45
Growth 69 #14 of 43 52 #21 of 43 21 #34 of 43
Profitability 88 #6 of 42 90 #5 of 42 49 #22 of 42
Financial Health 47 #26 of 48 26 #36 of 48 36 #31 of 48
Shareholder Returns 79 #7 of 29 57 #13 of 29 39 #18 of 29
Overall 67 51 48
  • LAWIL ranked among 48 companies in Gaming and Leisure
  • RRR ranked among 48 companies in Gaming and Leisure
  • CZR ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLAWILRRRCZRSPY
1 month +10.1%-4.7%-1.0% -1.0%
3 months +12.7%-20.2%-2.5% -0.4%
6 months -9.4%-8.1%+5.8% +4.5%
Year to date —-21.5%+25.5% +12.4%
1 year —-10.0%+46.7% +13.6%
3 years —+15.4%-33.9% +76.4%
3 years, per year —+4.9%-12.9% +20.8%
5 years —-2.6%-72.4% +63.7%
5 years, per year —-0.5%-22.7% +10.4%
10 years —+124.7%+171.9% +267.7%
10 years, per year —+8.4%+10.5% +13.9%

Risk

MeasureLAWILRRRCZRSPY
Volatility, 1Y —33.6%39.7% 12.8%
Downside volatility, 1Y —35.0%32.7% 12.7%
Beta vs S&P 500, 1Y —0.450.54 1.00
Return / volatility, 1Y —-0.301.18 1.06
Max drawdown, 5Y -19.6%-42.4%-83.0% -25.4%
From 52-week high -9.4%-27.7%-3.5% -1.6%
52-week high $102.00$67.26$30.41 $779.14
52-week low $82.00$48.42$18.14 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLAWILRRRCZR
P/E now vs peer median 26.4xmedian 18.6x 16.7xmedian 18.6x -11.2xmedian 18.6x
P/S now vs peer median 2.1xmedian 1.9x 2.5xmedian 1.9x 0.5xmedian 1.9x
EV/EBITDA now vs peer median 10.7xmedian 10.9x 11.0xmedian 10.9x 5.2xmedian 10.9x
P/FCF now vs peer median 12.8xmedian 12.0x 26.5xmedian 12.0x 10.3xmedian 12.0x
P/B now vs peer median 16.8xmedian 2.5x 17.5xmedian 2.5x 1.7xmedian 2.5x
PEG now vs peer median 0.66median 0.60 1.74median 0.60 0.28median 0.60

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLAWILRRRCZR
Revenue $3.33B $2.00B $11.72B
Gross profit $2.49B $1.25B $5.82B
Operating income $678.00M $554.72M $1.80B
Net income $290.00M $320.78M -$497.00M
Free cash flow $596.00M $193.01M $582.00M
R&D $244.00M – –
EPS (diluted) $3.74 $2.87 $-2.61
Cash & equivalents $139.00M $136.45M $864.00M
Total debt $4.98B $3.58B $11.56B
Shares (diluted) 77.50M 58.81M 204.00M
Enterprise value $6.42B $2.23B $2.35B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLAWILRRRCZR
P/E 26.4x 16.7x -11.2x
P/FCF 12.8x 26.5x 10.3x
P/Operating cash flow 7.6x 8.2x 4.8x
P/S 2.1x 2.5x 0.5x
P/B 16.8x 17.5x 1.7x
P/Tangible book -26.9x 24.0x -12.2x
EV/EBITDA 10.7x 11.0x 5.2x
EV/EBIT 17.6x 15.4x 9.3x
EV/Revenue 3.6x 4.3x 1.4x
EV/FCF 20.1x 44.3x 28.7x
EV/Operating cash flow 12.8x 13.7x 13.4x
PEG (3Y EPS CAGR) 0.66 1.74 0.28

Growth

14 metrics
MetricLAWILRRRCZR
Revenue growth (1Y) 3.4% 0.9% 3.1%
Revenue CAGR (3Y) 5.8% 5.9% 0.6%
Gross profit growth (1Y) 6.2% 1.2% 1.9%
Gross profit CAGR (3Y) 8.1% 4.7% -2.1%
Operating income growth (1Y) -11.8% -6.8% -18.0%
Operating income CAGR (3Y) 13.8% -4.0% -9.4%
Net income growth (1Y) -27.3% -4.9% -140.1%
Net income CAGR (3Y) 24.3% -9.0% -39.0%
EPS growth (1Y) -20.3% 67.0% -124.4%
EPS CAGR (3Y) 39.8% 9.6% -40.9%
Operating cash flow growth (1Y) 38.1% 10.4% -4.7%
Operating cash flow CAGR (3Y) 39.6% 7.6% -11.9%
Free cash flow growth (1Y) 53.2% -34.7% 53.2%
Free cash flow CAGR (3Y) 79.0% 37.0% -5.7%

Profitability

14 metrics
MetricLAWILRRRCZR
Gross margin 74.7% 62.1% 49.7%
EBITDA margin 33.5% 38.8% 27.4%
Operating margin 20.3% 27.7% 15.4%
Pretax margin 11.3% 18.2% -4.1%
Net margin 8.7% 8.4% -4.5%
FCF margin 17.9% 9.6% 5.0%
Operating cash flow margin 28.1% 31.1% 10.6%
Return on equity 80.0% 118.9% -13.3%
Return on assets 4.6% 7.5% -1.5%
Return on invested capital 9.6% 12.7% 11.4%
Return on capital employed 12.0% 14.3% 6.1%
Asset turnover 0.5x 0.5x 0.4x
Cash conversion (OCF / net income) 3.2x 1.9x -2.5x
Stock comp / revenue 3.7% 1.7% 0.8%

Financial Health

11 metrics
MetricLAWILRRRCZR
Debt / assets 78.8% 82.0% 36.8%
Debt / equity 11.8x 12.3x 3.4x
Net debt / EBITDA 4.3x 4.4x 3.3x
Debt / FCF 8.4x 18.5x 19.9x
Liabilities / assets 93.3% 93.3% 89.0%
Equity / assets 6.7% 6.7% 11.0%
Interest coverage – 2.8x –
Current ratio 1.7x 0.7x 0.8x
Quick ratio 1.1x 0.5x 0.6x
Cash ratio 0.2x 0.3x 0.4x
Altman Z-score 1.81 1.65 –

Shareholder Returns

7 metrics
MetricLAWILRRRCZR
Dividend yield – 4.2% –
Net buyback yield 9.3% 1.7% 3.0%
Shareholder yield 9.3% 5.9% 3.0%
Payout ratio (earnings) – 55.2% –
Payout ratio (FCF) – 91.8% –
Dividend growth (1Y) – 19.9% –
Dividend CAGR (3Y) – 18.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLAWILRRRCZR
Forward P/E 12.5xFY2026 18.9xFY2026 –
EPS, next fiscal year $7.40FY2026 $2.58FY2026 $-1.01FY2026
EPS growth, next FY +10.6%FY2026 +41.0%FY2026 –
EPS growth, the year after +29.3% +20.2% –
Revenue, next fiscal year $3.61BFY2026 $1.96BFY2026 $11.36BFY2026
Revenue growth, next FY +8.9%FY2026 -2.3%FY2026 -1.1%FY2026
Revenue growth, the year after -5.0% +2.9% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLAWILRRRCZR
Held by institutions – 90.4% 96.6%
Institutions holding – 246 417
Change in shares held, QoQ – +2.8% -4.0%
Institutions buying – 123 208
Institutions selling – 95 152
Buyers to sellers – 1.29 1.37

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LAWILRRRCZR
LAWIL – – –
RRR – 1.00 0.29
CZR – 0.29 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LAWIL, RRR and CZR?

Light & Wonder (LAWIL) is the largest by market capitalisation: Light & Wonder (LAWIL) $7.12B, Red Rock Resorts (RRR) $2.77B, Caesars Entertainment (CZR) $5.94B.

Which stock is cheaper, LAWIL, RRR and CZR?

Red Rock Resorts (RRR) trades on the lowest price-to-earnings ratio (Light & Wonder (LAWIL) 26.4x, Red Rock Resorts (RRR) 16.4x, Caesars Entertainment (CZR) -11.1x). On next year's consensus earnings, Light & Wonder (LAWIL) is cheapest (Light & Wonder (LAWIL) 12.5x, Red Rock Resorts (RRR) 18.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Light & Wonder (LAWIL) grew revenue fastest over the trailing twelve months: Light & Wonder (LAWIL) +3.4%, Red Rock Resorts (RRR) +0.9%, Caesars Entertainment (CZR) +3.1%.

Which company is more profitable?

Light & Wonder (LAWIL) has the highest net margin (Light & Wonder (LAWIL) 8.7%, Red Rock Resorts (RRR) 8.4%, Caesars Entertainment (CZR) -4.5%). On return on invested capital, Red Rock Resorts (RRR) leads (Light & Wonder (LAWIL) 9.6%, Red Rock Resorts (RRR) 12.7%, Caesars Entertainment (CZR) 11.4%).

Which stock has performed better?

Over the past year Caesars Entertainment (CZR) returned the most: Red Rock Resorts (RRR) -10.0%, Caesars Entertainment (CZR) +46.7%. Over five years, Red Rock Resorts (RRR) compounded fastest (Red Rock Resorts (RRR) -0.5%/yr, Caesars Entertainment (CZR) -22.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Red Rock Resorts (RRR) 0.06%, Caesars Entertainment (CZR) 0.00%. Light & Wonder (LAWIL) and Caesars Entertainment (CZR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Red Rock Resorts (RRR) has been the steadiest (Red Rock Resorts (RRR) 33.6%, Caesars Entertainment (CZR) 39.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LAWIL, RRR and CZR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Light & Wonder (LAWIL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.